While not shooting the idea down, he raised a number of possible concerns about future financing, such as possibly needing additional collateral or proof of other sources of income to justify repeated loans. 

Part of getting into REI is so that we can spend more of our time together rather than spending more than half our day at other jobs and commuting, getting to work together is a big part of why we want to take this on (and the potential that RE Investing has for financial freedom).My Concerns: I originally thought I would develop myself as a contractor and do most of the work myself at first, but when I consider the time constraints (holding a house way longer to do the work myself, and the quality of work suffering) I realize this isn't an optimal plan.

@Andy Milby If you are at all concerned the seller may have another offer or try to sell to someone else, you have the right to record your contract on the property.

My major concern is the landfill. 

I don't completely write off any asset type particularly, I just know they come with pros and cons and if my DD satisfies those concerns, then I'll go for it. 

They have told us that they do not want to leave and I'm concerned that they will holdover. 

I'd be more concerned she is on the other side of the door and is armed. 

@Nick Britton I’m not all that concerned about the 34 link clicks.

@Christopher Brown Two of the common areas of concern for HELOCs I see out there is the 10 year maturity date and the adjustable rate.

So if the 0% rate thing is ok to sacrifice for a higher LTV then seek out some different options just for comparison.I do want to mention that two of the common areas of concern for HELOCs I see out there is the 10 year maturity date and the adjustable rate.